American Express Company
American Express Company’s revenue for fiscal 2025 (year ended December 2025) was $80.5 billion, up 8.44% from fiscal 2024. In the quarter to June 2026, revenue grew 8.34%, EPS grew 11.3%, free cash flow grew 19.4% and total debt fell 2.04%, each against the same quarter a year earlier. Member of the S&P 500 and Dow Jones; dividend growth for ten consecutive years, revenue growth for five.
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American Express Company (AXP) Debt to equity
American Express Company's debt to equity at the end of the quarter to 30 June 2026 was 1.7×, down 0.0× from fiscal 2025 (1.7×). Over the past ten years it has ranged from 1.6× (fiscal 2024) to 3.1× (fiscal 2017); the current reading is higher than 18% of that period. That is above the Credit Services industry median of 0.7× and above the Financial sector median of 0.2×.
Debt to equity, annual
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Annual newest first
| Period | Debt to equity | Change |
|---|---|---|
| FY2025 | 1.7× | 2.54% |
| FY2024 | 1.6× | (3.71%) |
| FY2023 | 1.7× | (0.98%) |
| FY2022 | 1.7× | (1.21%) |
| FY2021 | 1.7× | (6.68%) |
| FY2020 | 1.9× | (25.45%) |
| FY2019 | 2.5× | (4.36%) |
| FY2018 | 2.6× | (14.23%) |
| FY2017 | 3.1× | 33.32% |
| FY2016 | 2.3× | (1.41%) |
Quarterly newest first
| Period | Debt to equity | Change |
|---|---|---|
| Jun 2026 | 1.7× | (3.76%) |
| Mar 2026 | 1.7× | 2.59% |
| Dec 2025 | 1.7× | (5.50%) |
| Sep 2025 | 1.8× | (1.04%) |
| 42 more quarters | Free account |
Against its own ten years
Debt to equity against peers
| Company | Debt to equity |
|---|---|
| SOFI SoFi Technologies, Inc. compare | 0.3× |
| COF Capital One Financial Corporation compare | 0.4× |
| PYPL PayPal Holdings, Inc. compare | 0.7× |
| V Visa Inc. compare | 0.7× |
| SYF Synchrony Financial compare | 1.0× |
| ALLY Ally Financial Inc. compare | 1.1× |
| AXP American Express Company | 1.7× |
| AFRM Affirm Holdings, Inc. compare | 1.8× |
| MA Mastercard Incorporated compare | 4.4× |
| Credit Services industry median | 0.7× |
| Financial sector median | 0.2× |
| Market median | 0.1× |
What Debt to equity is
Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.
(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)
More on AXP
- Revenue
- Net income
- EPS (diluted)
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- Return on equity
- Return on assets
- Return on invested capital
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- The full statement